Smart for Life to Sponsor Industry Event “What’s Up with Supps” at SupplySide East
April 16 2024 - 10:39AM
Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the
“Company”), a leader in the Health & Wellness sector marketing
and manufacturing nutritional foods and supplements, joins the list
of sponsors for What’s Up with Supps in Weehawken NJ, taking place
during SupplySide East commencing today.
More than 3,000 industry members are expected at
this year’s SupplySide East, and the What’s Up with Supps industry
networking event is the biggest networking event on the agenda. At
the ‘Secret Garden Party,’ hundreds of top-level execs from
top-tier brands, thought leaders, and industry disruptors will
attend to foster connections, while raising funds for the global
non-profit Vitamin Angels. With a commitment to pioneering health
and wellness solutions, Smart for Life recognizes the importance of
aligning with fellow innovators to elevate industry standards and
redefine consumer experiences.
“Smart for Life realizes the importance of
keeping up with industry trends while supporting the overall
success of the health, wellness, and nutraceutical space,” stated
Darren Minton, Chief Executive Officer of Smart for Life.
“Sponsoring this prominent event aligns with our focus on
developing a more connected, innovative industry while also
benefitting a great cause in Vitamin Angels.”
Smart for Life recently added prominent industry
executive Heather Granato to the Smart for Life advisory board. Ms.
Granato is a tenured industry leader and board member for What’s Up
with Supps. “As What’s Up with Supps looks to facilitate
introductions among industry members, it’s an excellent opportunity
to connect with innovative brands and creative thinkers,” Ms.
Granato noted. “This is a natural alignment between two
organizations that are seeking to support the growth of the natural
products industry by supporting business investment.”
For more information please visit:
https://whatsupwithsupps.com/.
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged
in the development, marketing, manufacturing, acquisition,
operation and sale of a broad spectrum of nutritional and related
products with an emphasis on Health & Wellness. Structured as a
publicly held holding company, the Company is executing a
Buy-and-Build strategy with serial accretive acquisitions creating
a vertically integrated company. To drive growth and earnings,
Smart for Life is developing proprietary products as well as
acquiring other profitable companies, encompassing brands,
manufacturing and distribution channels. The Company recently
concluded the execution of a restructuring plan including
recapitalization of the Company with equity and debt financings,
the sale of certain non-performing assets, the sale and leaseback
of the Company’s 18,000 sq. ft. Doral manufacturing facility and
the successful liquidation of the Company’s senior debt facility.
In addition, the Company converted substantial debt obligations to
equity materially improving the Company’s balance sheet. The
Company has signed a definitive agreement for the acquisition of
Purely Optimal Nutrition, which is expected to add additional
revenue and EBITDA. For more information about Smart for Life,
please visit: www.smartforlifecorp.com.
Forward-Looking Statements
This press release may contain information about
our views of future expectations, plans and prospects that
constitute forward-looking statements. All forward-looking
statements are based on management’s beliefs, assumptions and
expectations of Smart for Life’s future economic performance,
taking into account the information currently available to it.
These statements are not statements of historical fact. Although
Smart for Life believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained. Smart
for Life does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Smart for Life
will successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks and
uncertainties, some of which are not currently known to us, that
may cause Smart for Life’s actual results, performance or financial
condition to be materially different from the expectations of
future results, performance or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in “Risk Factors”
included in our filings with the Securities and Exchange
Commission.
Disclaimer
The information provided in this press release
is intended for general knowledge only and is not a substitute for
professional medical advice or treatment for specific medical
conditions. Always seek the advice of your physician or other
qualified health care provider with any questions you may have
regarding a medical condition. This information is not intended to
diagnose, treat, cure or prevent any disease.
Investor Relations Contact
Crescendo Communications, LLCTel: (212)
671-1021SMFL@crescendo-ir.com
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